Jaeger House, 57 Broadwick Street, Soho, London W1F

ACQUIRED

Description: A prime Soho freehold situated adjacent to the world renowned Carnaby Street, the building comprises 24,909 sq ft of office and retail accommodation, plus 37 residential units and 37 basement car parking spaces. The entire office element is single let to Jaeger as their London HQ, whilst the retail unit is let to Comptoir Libanais with leases expiring in June 2015 and with mutual options to break subject to 9 months prior notice. The residential units are all sold off on long leases. The building benefits from numerous asset management opportunities including the potential to increase and reconfigure the existing accommodation and introduce alternative planning uses, subject to obtaining the necessary consents.

Type: Acquisition on behalf of Shaftesbury PLC for £30.75m.Date: March 2014